EPAM Systems, Inc. $EPAM Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its position in EPAM Systems, Inc. (NYSE:EPAM) by 39.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,763 shares of the information technology services provider’s stock after buying an additional 8,934 shares during the quarter. Natixis Advisors LLC’s holdings in EPAM Systems were worth $6,508,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CYBER HORNET ETFs LLC bought a new stake in shares of EPAM Systems in the 2nd quarter worth about $27,000. MUFG Securities EMEA plc bought a new stake in shares of EPAM Systems in the 2nd quarter worth about $30,000. Sound Income Strategies LLC increased its position in shares of EPAM Systems by 279.5% in the 4th quarter. Sound Income Strategies LLC now owns 148 shares of the information technology services provider’s stock worth $31,000 after purchasing an additional 109 shares during the last quarter. Rothschild Investment LLC increased its position in shares of EPAM Systems by 51.4% in the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock worth $33,000 after purchasing an additional 54 shares during the last quarter. Finally, Financial Management Professionals Inc. bought a new stake in shares of EPAM Systems in the 4th quarter worth about $37,000. Institutional investors own 91.58% of the company’s stock.

EPAM Systems Price Performance

Shares of NYSE:EPAM opened at $98.23 on Monday. The company has a quick ratio of 2.67, a current ratio of 2.67 and a debt-to-equity ratio of 0.05. EPAM Systems, Inc. has a fifty-two week low of $89.25 and a fifty-two week high of $222.53. The firm has a 50-day simple moving average of $114.84 and a 200 day simple moving average of $159.15. The company has a market cap of $5.13 billion, a PE ratio of 14.09, a P/E/G ratio of 0.90 and a beta of 1.41.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Wednesday, May 6th. The information technology services provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.75 by $0.11. EPAM Systems had a net margin of 6.96% and a return on equity of 14.71%. The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the firm earned $2.41 EPS. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. On average, sell-side analysts anticipate that EPAM Systems, Inc. will post 10.4 EPS for the current year.

Analyst Upgrades and Downgrades

EPAM has been the subject of several research analyst reports. Wall Street Zen downgraded shares of EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. TD Cowen dropped their target price on shares of EPAM Systems from $220.00 to $213.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Susquehanna dropped their target price on shares of EPAM Systems from $199.00 to $167.00 and set a “positive” rating for the company in a research report on Monday, May 4th. Citigroup reissued a “cautious” rating on shares of EPAM Systems in a research report on Friday, May 29th. Finally, Jefferies Financial Group downgraded shares of EPAM Systems from a “buy” rating to a “hold” rating and dropped their target price for the stock from $130.00 to $110.00 in a research report on Friday, May 29th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, EPAM Systems has a consensus rating of “Hold” and a consensus target price of $152.00.

EPAM Systems Profile

EPAM Systems, Inc is a global provider of digital platform engineering and software development services. The company partners with clients across industries—such as financial services, healthcare, retail, and technology—to design, develop, and maintain complex software applications and digital experiences. EPAM’s offerings include custom software development, application management, infrastructure management, quality assurance, and testing services, enabling organizations to accelerate digital transformation and enhance operational efficiency.

In addition to its core engineering capabilities, EPAM delivers a range of specialized services, including product design and consulting, data and analytics, cloud computing, DevOps, and cybersecurity.